Since its inception, the fintech industry has seen consistent change and evolution. An article on Finovate published May 28, says the past few months have seen even more rapid change in this “extraordinary time”. In the article, Adrienne Harris Ford...
New FinTech collaborations boost Ford School’s financial policy offerings
The Ford School is expanding its offerings of financial policy courses with FinTech (financial technology) Policy and FinTech Entrepreneurship classes. Taught by professor of...
Hundreds of billions of dollars have been allocated to help small businesses and individuals in response to the COVID-19 financial crisis. Yet for low-income households and small businesses, accessing those funds has proved to be a challenge,...
Financial technology, commonly known as fintech, is the intersection of financial services and technology. Fintech services that have become popular in recent years include mobile payments, online lending, and digital currency.Adrienne Harris, a...
The University of Michigan is working with Detroit’s small businesses to help them find sources of federal financial aid amid the COVID-19 pandemic and assist them in navigating the rules and regulations they will encounter in the application...
With economic activity changing faster than standard statistical measures can keep up, economists are looking at other indicators to take the economy’s pulse. Justin Wolfers, professor at the Ford School, analyzed electricity usage to understand the...
In the aftermath of the 2008 recession, the Financial Stability Oversight Council (FSOC) was established in Title I of the Dodd-Frank Act, tasked to identify and monitor future threats before the next crisis. Now, during the current crisis brought...
With the economy reeling from the effects of the COVID-19 crisis, the Federal Reserve has taken steps to shore up money-market funds, securing billions to lend as part of a broader effort to try and stabilize the markets. Ford School Dean Michael S....
The fate of the Consumer Financial Protection Bureau is currently at the discretion of the Supreme Court. Hearing the case and a subsequent ruling would have big ramifications for consumers (i.e. all Americans), and likely on Sen. Elizabeth Warren’s...
The tagline “small businesses are the backbone of our economy” gets a lot of play, but the lack of state and federal policy support tells another story. In a video featuring Michael Barr, director of the Center for Finance, Law, and Policy and dean...
Only 10 years out of the Great Recession in which hundreds of thousands of Americans lost their jobs, homes, and savings, the Trump Administration’s deregulatory stance sounds alarms for many in the finance sector. Among the concerned is Michael...
The University of Michigan’s Gerald R. Ford School of Public Policy has received a grant from the Bill & Melinda Gates Foundation to identify opportunities for how a central bank of the future might build a financial system that serves the needs of...
For the first time since 2010, Congressional Democrats will head House committees and decide the agenda for the chamber. Hannah Long’s article for American Banker entitled “Will Democrats’ midterm success spur progress on GSE reform?” explores the...
Ford School Dean Michael Barr was quoted in Politico’s Morning Money newsletter, by Ben White and Aubree Eliza Weaver on November 1, 2018, about the Federal Reserve’s proposal to ease regulations of America's largest financial firms. Dean Barr, who...
In a recent Market Watch article focusing on the lack of financial regulations in the housing market, Ford School Dean Michael Barr states that “Our politics in Washington right now are pushing us toward a set of steps that will make the financial...
Dean Michael S. Barr's textbook, Financial Regulation: Law and Policy 2d, written with coauthors Howell Jackson and Margaret Tahyar, will be released on August 6, 2018.
Just two years after the publication of the first edition of Financial...
Dean Michael Barr is featured on a recent episode of The Indicator, a podcast from NPR's Planet Money. The episode, titled "Dungeons & Dragons & Balance Sheets," explored the origins, results, and future of annual "stress tests" for mid-sized to...
Bitcoin ATMs in poor neighborhoods are "not a safe or sound way of providing financial services to low-income people," says Dean Michael Barr in an interview with Detroit Free Press journalist Susan Tompor.
The article, titled "Bitcoin ATMs showing...
On September 14-15, 2017, the University of Michigan’s Center on Finance, Law, and Policy and behavioral science research and design lab ideas42 brought together influential leaders from academia, government, nonprofits and the financial sector for...
In a recent op-ed published in American Banker, Ford School Dean Michael S. Barr says the U.S. Senate’s new relief bill is a giveaway for large banks and weakens consumer protections.The bill is the first re-write of the 2010 Dodd-Frank Act, of...
This summer, Ford School Dean Michael Barr served as co-counsel on an amicus brief by leading financial regulation scholars in support of the Consumer Financial Protection Bureau. The suit, brought by a NJ-based mortgage lender that had been fined...
Michael S. Barr, Joan and Sanford Weill Dean of Public Policy at the Ford School, participated in a roundtable discussion at Detroit’s Gem Theater this morning, during which JP Morgan Chase, the W.K. Kellogg Foundation, the Ralph C. Wilson Jr....
In a Fortune op-ed, “How the CFPB fight is a sign of the next financial crisis,” Michael Barr and Joe Valenti (director of consumer finance at the Center for American Progress) describe how the current legal battle over who is the rightful director...
The 2017 Behavioral Finance Symposium, held September 14-15 at the University of Michigan, brought together prominent scholars, policymakers, and practitioners for two days of dialogue about ways to apply insights from the behavioral sciences, which...
Michael Barr and colleagues from the College of Engineering (Michael Wellman) and Ross School of Business (Uday Rajan) have been awarded a $670,000 grant from the National Science Foundation to develop new techniques to identify financial market...
Students interview a pop-up restaurateur in Detroit as part of the Detroit Neighborhood Entrepreneurs Project.Photo credit: Abigail DeHart '19LThe Center on Finance, Law, and Policy, run by faculty director Michael Barr, has received a $125,000...
Michael S. Barr will be the new Joan and Sanford Weill Dean of Public Policy in the Gerald R. Ford School of Public Policy, effective Aug. 1. His five-year appointment was approved Thursday by the University of Michigan Board of Regents.
Barr is...
The Center on Finance, Law & Policy and the University of Michigan's FinTech Initiative at the Ross School of Business are hosting “The Future of Fintech” conference to consider new business, policy, and regulatory questions raised by recent technological developments.
Professor Prescott will discuss three papers on noncompetes, enforceability, and employee behavior for our April blue bag lunch talk over Zoom on Thursday, April 6.
This annual forum brings together Ford School economists for a discussion of the current state of the U.S. economy. From inflation to the labor market, faculty experts reflect on the most crucial issues facing the American economy, and the top-of-mind issues for its citizens.
